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Chelsea Faces Confiscation as UK Sanctions Abramovich, 7 Other Russians

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Premier League giants, Chelsea could be confiscated judging from fresh sanctions against Russian billionaire, Roman Abramovich.

The Chelsea owner forms a part of seven oligarchs facing new sanctions from the UK government following Russia’s invasion of Ukraine.

The billionaires face various degrees of sanctions, including asset freezes and travel bans.

The list also includes billionaires Igor Sechin and Oleg Deripaska, both seen as allies of Vladimir Putin.

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Prime Minister Boris Johnson said “there can be no safe havens” for those who have supported the invasion.

“Today’s sanctions are the latest step in the UK’s unwavering support for the Ukrainian people. We will be ruthless in pursuing those who enable the killing of civilians, destruction of hospitals and illegal occupation of sovereign allies,” Mr Johnson said.

The government had come under pressure to sanction Mr Abramovich, who said he had made the “difficult decision” to sell Chelsea FC earlier this month.

Abramovich, 55, is alleged to have strong ties to Russian President Vladimir Putin, which he has denied.

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The government says Mr Abramovich, who has an estimated net worth of £9.4bn, is “one of the few oligarchs from the 1990s to maintain prominence under Putin”.

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